Published: 2026-08-03T06:08:51.000Z
Chart AUD/NZD Update: Consolidating at 1.1930/00 support
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Limited on break of the 1.1930 support as prices turned up from 1.1920 low to consolidate sharp losses from the 1.2120 high of last week
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2130 | ** | 3 Jul low | S1 | 1.1930 | ** | 14 Jul low | |
| R3 | 1.2100 | * | congestion | S2 | 1.1900 | * | figure, congestion | |
| R2 | 1.2050 | * | congestion | S3 | 1.1850 | * | congestion | |
| R1 | 1.1980/00 | * | Jun low, congestion | S4 | 1.1800 | * | congestion |
Asterisk denotes strength of level
06:00 GMT - Limited on break of the 1.1930 support as prices turned up from 1.1920 low to consolidate sharp losses from the 1.2120 high of last week. However, negative daily and weekly studies suggest this giving way to break later to extend losses from the 1.2285 May current year high to retrace strong rally from the April 2025 year low. Lower will see room to the 1.1900 level. Meanwhile, resistance is at the 1.1980/1.2000 June low and congestion area which extend to 1.2050 congestion which is expected to cap and sustain losses from the 1.2100/30 resistance.